Nationwide Mutual Fund Quote

NWCSX -  USA Fund  

USD 10.53  0.02  0.19%

Market Performance
0 of 100
Odds Of Distress
Less than 1
Nationwide Core is trading at 10.53 as of the 9th of December 2021; that is -0.19 percent decrease since the beginning of the trading day. The fund's open price was 10.55. Nationwide Core has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Nationwide Core Plus are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of October 2021 and ending today, the 9th of December 2021. Click here to learn more.
The investment seeks maximum long-term total return, consistent with reasonable risk to principal. Nationwide Core is traded on NASDAQ Exchange in the United States.. More on Nationwide Core Plus

Nationwide Core Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Nationwide Core's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nationwide Core or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Nationwide Core Plus generated a negative expected return over the last 90 days
Nationwide Core Plus is unlikely to experience financial distress in the next 2 years
The fund maintains about 92.59% of its assets in bonds
Legal NameNationwide Core Plus
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Nationwide Core's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Beta In Three Year0.94
Startdate1st of November 2002
Nationwide Core Plus [NWCSX] is traded in USA and was established 9th of December 2021. The fund is listed under Intermediate Core-Plus Bond category and is part of Nationwide family. Nationwide Core Plus now has accumulated 1.08 B in assets with minimum initial investment of 50 K. , while the total return for the last 3 years was 4.43%.
Check Nationwide Core Probability Of Bankruptcy

Instrument Allocation

Nationwide Core Target Price Odds Analysis

What are Nationwide Core's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Nationwide Core jumping above the current price in 90 days from now is about 81.53%. The Nationwide Core Plus probability density function shows the probability of Nationwide Core mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Nationwide Core has a beta of 0.0126. This indicates as returns on the market go up, Nationwide Core average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nationwide Core Plus will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Nationwide Core Plus is significantly underperforming DOW.
 Odds Down 10.53HorizonTargetOdds Up 10.53 
17.23%90 days
 10.53 
81.53%
Based on a normal probability distribution, the odds of Nationwide Core to move above the current price in 90 days from now is about 81.53 (This Nationwide Core Plus probability density function shows the probability of Nationwide Mutual Fund to fall within a particular range of prices over 90 days) .

Nationwide Core Plus Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nationwide Core market risk premium is the additional return an investor will receive from holding Nationwide Core long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nationwide Core. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nationwide Core's alpha and beta are two of the key measurements used to evaluate Nationwide Core's performance over the market, the standard measures of volatility play an important role as well.

Nationwide Core Against Markets

Picking the right benchmark for Nationwide Core mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nationwide Core mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nationwide Core is critical whether you are bullish or bearish towards Nationwide Core Plus at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nationwide Core without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, see Stocks Correlation. Note that the Nationwide Core Plus information on this page should be used as a complementary analysis to other Nationwide Core's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Nationwide Core Plus price analysis, check to measure Nationwide Core's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nationwide Core is operating at the current time. Most of Nationwide Core's value examination focuses on studying past and present price action to predict the probability of Nationwide Core's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nationwide Core's price. Additionally, you may evaluate how the addition of Nationwide Core to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nationwide Core's value and its price as these two are different measures arrived at by different means. Investors typically determine Nationwide Core value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nationwide Core's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.